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[MEDIA] Scott Sassa @ Kleiner Perkins (Technology Venture Capital Firm)

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  • madchinaman
    Scott Sassa From Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/Scott_Sassa http://www.answers.com/topic/scott-sassa Scott Sassa is currently
    Message 1 of 1 , Apr 13, 2006
      Scott Sassa
      From Wikipedia, the free encyclopedia

      Scott Sassa is currently CEO in Residence with Kleiner Perkins, a
      leading technology venture capital firm. Prior to that, he served as
      President and CEO of Friendster, a top 50 Internet site that
      pioneered social networking. Friendster was backed by Kleiner
      Perkins and Benchmark Capital.

      From May 1999, Sassa served as President NBC West Coast responsible
      for overseeing all of NBC's entertainment-related businesses and
      reported to Bob Wright, Chairman and Chief Executive Officer, NBC.
      Sassa made the transition to that position after working with his
      predecessor, Don Ohlmeyer, and serving as president of NBC
      Entertainment since October 1998. During this time, he oversaw the
      development and production of NBC's new primetime series including
      such shows as The West Wing, Law & Order: Special Victims Unit and
      Fear Factor. Under Sassa, NBC was the number one network 3 out of 4

      Sassa joined NBC in September 1997 as president of the NBC
      Television Stations division. In this position, he was responsible
      for overseeing the operation of NBC's 13 owned-and-operated
      television stations.

      Before joining NBC, Sassa had been President and Chief Operating
      Officer of Andrews Group, a unit of MacAndrews & Forbes Holding, and
      the Chief Executive Officer of Marvel Entertainment. Before that, he
      spent nine years at Turner Broadcasting System, finishing his tenure
      there as President of Turner Entertainment Group and a member of the
      Turner Board of Directors and the TBS Executive Committee.

      Sassa is widely credited with building Turner's entertainment cable
      channels into industry leaders, launching seven networks over a
      seven-year period – including 3 of the top 5 rated basic cable
      networks. From 1992 to 1996, he was responsible for all operations
      and programming for the TBS Superstation, Turner Network Television,
      Cartoon Network, Turner Classic Movies and Turner's international
      entertainment networks in Europe, Asia and Latin America.

      Sassa recruited Amy Pascal to start up Turner Pictures, a feature
      film production company that developed and produced You've Got Mail,
      Any Given Sunday and Gettysburg. Sassa was also responsible for
      Turner Home Video, Turner Licensing and Merchandising, Turner
      Publishing, Turner New Media, Turner Original Productions and Hanna-
      Barbera Cartoons Inc. Sassa was named Executive Vice President of
      Turner Network Television in 1988, where he was instrumental in the
      network's launch, the largest at that time.

      Earlier in his career, Sassa was vice president of New Business
      Development at Ohlmeyer Communications Co., which was then headed by
      Don Ohlmeyer. He also served as Vice President of Network Management
      for Fox Broadcasting Co. Sassa was the first person hired by Fox and
      he developed the network's initial business plan, and ran its
      advertising, promotions, operations and administration departments.

      Sassa originally joined Turner Broadcasting in 1982, first as
      director of sales promotion and soon becoming Vice President/General
      Manager of the company's Cable Music Channel. He began his career
      with Rogers & Cowan public relations agency.


      Scott Sassa, and the "Kleiner Shuffle"

      The latest board changes at Silicon Valley game publishing company,
      Digital Chocolate, provides insight into the central role venture
      capital firms play here.

      Last year, well-known venture firm Kleiner Perkins helped recruit
      media executive Scott Sassa from southern California, to become
      chief executive of Friendster, a then-hot social networking company.
      Kleiner is an investor in Friendster. But Friendster didn't exactly
      sizzle while

      ...Sassa was there, and within a year he was replaced.

      But Sassa kept a job as a so-called "CEO-in-Residence" at Kleiner,
      according to VentureWire (sub required). That is someone who is
      ready to be appointed to run a Kleiner Perkins portfolio company,
      when needed, or to simply help out on the side.

      And so now he has been appointed a new board member at another
      Kleiner company, Digital Chocolate. As this story suggests (the
      picture is of Trip Hawkins, the chief executive), Sassa may be a
      good fit because Friendster gave him some insights into social
      networking, and that could mesh well with Digital Chocolate's
      emphasis on social networking for mobile games.
      Digital Chocolate is a developer of games and applications for
      mobile phones. Based in San Mateo, California, Digital Chocolate
      offers many of the world's most popular games including Scarlotti's
      Mafia Wars 2, Mobile League WordJong, Bubble Ducky, and Johnny
      Crash. Digital Chocolate products are available through more than
      200 operator and distribution partners, including Cingular, Orange,
      Sprint, T-Mobile, 3, Verizon Wireless, and Vodafone in over 60
      countries worldwide.


      Kleiner, Perkins, Caufield & Byers
      From Wikipedia, the free encyclopedia

      Kleiner, Perkins, Caufield & Byers is a major Sand Hill Road venture
      capital firm in Silicon Valley.

      The name comes from the four senior partners: Eugene Kleiner
      (emeritus), Tom Perkins (emeritus), Frank Caufield (emeritus), and
      Brook Byers.

      Kleiner Perkins Caulfield & Byers (KPCB) was formed in 1972. At that
      point, the founders of most Venture Capital (VC) firms had financial
      backgrounds. Kleiner Perkins's founders were distinguished by their
      industry experience -- Kleiner as a founder of Fairchild
      Semiconductor and Perkins as one of the leaders of Hewlett-Packard's
      early computer division.

      KPCB is one of Silicon Valley's best-known VC firms, the company was
      an early investor in more than 300 information technology and
      biotech firms, including

      Amazon.com, America Online, Brio Technology, Compaq, Electronic
      Arts, Flextronics Genentech, Google, Hybritech, Intuit, Lotus
      Development, LSI Logic, Macromedia Netscape, Quantum, Segway, Sun
      Microsystems, Tandem

      KPCB paid $4 million in 1994 for around 25% of Netscape and did well
      during the Netscape's IPO and subsequent $4 Billion acquisition by
      AOL. An investment of $8 million in Cerent was worth around US$2
      billion when the optical equipment maker was sold to Cisco Systems
      for $7.2 billion in 1999. Kleiner Perkins and Sequoia Capital paid
      around $25 million for 20% of Google - today Google's market cap is
      about $110 Billion (November 2005). As initial investors in
      Amazon.com KPCB scored returns of over 55,000% at the December 1999
      peak of that stock.

      One peculiarity (amongst western companies) is that it encourages
      transactions among companies in which it holds a stake. This is
      similar to the Japanese keiretsu style of company structure.

      General Partners include:

      Vinod Khosla
      John Doerr
      In January 2005, Bill Joy was named a partner.

      In July 2005, former Secretary of State Colin Powell joined the
      company as strategic limited partner, a newly created position
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